Pattern
PAYTM : When will be best levels to buy ? Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Falling Channel
📌 Symbol/Asset: PAYTM
🔍 Description: Stock is falling from 1000 and stock can correct upto 300 levels.
250-300 support would be the best level to buy for paytm
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
SPX Short This trade is the start of a fall for SPX. There is a pattern on H4 and multiple signals for us to sell this trade as it is Non-Farm payroll tonight, and I believe it will be the start of an economic crash based on the data and the analysis of the technical side. Stop loss should be above 5020, and the target of 4840
4 Accurate Predictions Made by AI for Tesla (TSLA)In the rapidly evolving landscape of financial markets, Artificial Intelligence (AI) has emerged as a pivotal force, transforming traditional trading strategies into sophisticated, data-driven methodologies. This article delves into the role of AI in identifying and capitalizing on market trends, focusing on recent successes in detecting bearish stock patterns in Tesla (TSLA) shares. Through a detailed analysis of three distinct patterns—Cup-and-Handle Inverse, Head-and-Shoulders Top, and Broadening Wedge Ascending—this discussion illustrates how AI technologies, particularly those developed by Tickeron, are reshaping investment approaches.
The AI Revolution in Stock Market Analysis
The integration of AI in stock market analysis marks a significant shift from human-driven decision-making to automated, algorithm-based strategies. AI's capacity to process vast datasets, recognize patterns, and predict market movements is unparalleled. These capabilities enable traders and investors to make more informed decisions, often with higher accuracy and speed than traditional methods.
Tesla's Bearish Patterns
Prediction #1. Downtrend Detected
Cup-and-Handle Inverse Pattern
On December 7, 2023, Tickeron's AI advisor, A.I.dvisor, detected a Cup-and-Handle Inverse pattern in Tesla's stock, indicating a potential bearish turn. Initially priced at $242.64, the stock was monitored closely until December 12, when the bearish trend was confirmed, and a target price was set. By January 12, 2024, Tesla's stock reached the target price of $223.07, offering a 9.83% gain for those who shorted the stock based on the AI's prediction.
Prediction #2. Downtrend Detected
Head-and-Shoulders Top Pattern
Simultaneously, A.I.dvisor identified a Head-and-Shoulders Top pattern for Tesla on the same dates, with the stock also priced at $242.64. This pattern, another indicator of a potential price decline, led to a similar outcome. On January 12, the stock price hit the target of $222.45, again resulting in a 9.83% gain for traders who acted on the AI's advice.
Prediction #3. Downtrend Detected
Broadening Wedge Ascending Pattern
A more recent analysis began on December 14, 2023, when a Broadening Wedge Ascending pattern was detected in Tesla's stock, then priced at $251.05. This pattern, confirmed on January 3, 2024, signaled another bearish trend, culminating in the stock reaching a target price of $233.59 by January 9. This pattern offered traders a 6.44% gain, further showcasing AI's prowess in predicting market movements.
The Role of Tickeron Patterns and AI Robots
Tickeron's innovative approach to market analysis encompasses the development of AI robots capable of scanning the market for specific patterns. These patterns, such as the Cup-and-Handle Inverse, Head-and-Shoulders Top, and Broadening Wedge Ascending, are key indicators of potential market movements. Tickeron's AI robots not only identify these patterns but also provide actionable insights, including target prices and potential gains, thereby equipping traders with the information needed to make strategic decisions.
New Robot factory from Tickeron Trading Results for last 12 months
TSLA
AI Robots (Signals Only)
AI Robot's Name P/L
Swing trader: Downtrend Protection (TA) 73.57%
Trend Trader: Popular Stocks (TA&FA) 37.41%
Day Trader, Popular Stocks: Price Action Trading Strategy (TA&FA) 36.66%
AI Robots (Virtual Accounts)
AI Robot's Name P/L
Swing Trader ($700 per position): Hedge Fund Style Trading (TA&FA) 77.75%
Swing Trader, Popular stocks ($1.5K per position): Mixed Strategy (TA&FA) 65.65%
Swing Trader, Popular stocks ($700 per position): Mixed Strategy (TA&FA) 59.95%
Conclusion
The integration of AI in financial markets represents a paradigm shift towards data-driven investment strategies. Through the lens of recent bearish patterns identified in Tesla's stock, it's evident that AI technologies like those developed by Tickeron are at the forefront of this transformation. By leveraging machine learning algorithms and AI robots, investors can navigate the complexities of the stock market with greater confidence and precision. As AI continues to evolve, its impact on financial markets is poised to deepen, offering promising prospects for the future of trading and investment.
PYTH:TSLA
🔥 APE Moonshot Trade: HUGE OpportunityI've been keeping a close eye on APE ever since it launched. It has seen a massive sell-off after the initial launch on Binance, but has potentially stabilized.
As seen on the chart, APE has been forming a long-term falling wedge. In my view, this falling wedge (with a 95% sell-off) could potentially be the slingshot idea that APE has been waiting for. Key indicator is that the resistance of the wedge has been retested as support.
This is a long-term trade, so don't expect the target to be reached within the next year at least.
I'm aware my view on the markets have been largely bearish recently, but that does not mean that there are no bullish opportunities in the market.
🔥 Bitcoin Losing The Short-Term Uptrend? BAD Reaction To FOMCWith the FOMC practically concluded, the market is reacting with a strong sell-off in both crypto and stocks. The FED has announced to keep their interest rate stable for the 4th time in a row, as it wants to see a stronger reduction in inflation before cutting rates.
Higher rates for longer, the market doesn't like that.
As seen on the chart, BTC is trading in a decent uptrend for the last week. However, there's a risk that the FOMC will mark a top and that the bears will take over from here. Keep in mind, bears are still waiting patiently after the post-ETF sell-off.
If BTC breaks through the bottom support, we could quickly fall back towards 41k or even lower.
EURUSD - NZDUSD - AUS200 Trade RecapThree positions taken last week, two breakevens and one loss. Great trades nonetheless, two structures I would take over and over again with the EURUSD position being on the higher risk side of things. Risk management plan stuck to, frequency is picking up just in the first month of the year as expected. Trade safe and responsible
🔥 Your BEST Bitcoin Entry Before The Halving! 🚀With the halving coming up, everyone is looking at when BTC will start the next bull-run.
Personally, I think that it's more likely than not that BTC will continue to trade bearish due to the recent ETF launch.
However, there's definitely light at the end of the tunnel. The bottom yellow support would be the perfect area for a long-term BTC entry to ride the bull-market to potentially >$100k.
The blue bars are just one of the many possible price movements of the market, so don't assume I expect it to play out, it's there for illustrationary purposes.
🔥 Bitcoin Miners UNPROFITABLE After The Halving 🚨As per Cantors Fitzgerald's analysis that came out a couple of days ago, most big Bitcoin mining companies are deemed to be unprofitable after the April 2024 halving.
Why is this important? Well, if the bigges miners in the world are mostly 'producing' at a loss, they can do either of two things:
(1) Sell their tokens at a loss to recoup immediate costs (in case they don't have a lot of money in the bank).
(2) Hold on to their tokens and wait for the bull-run, which should (historically) occur in late 2024 and 2025.
In case of (1), this can lead to further downwards pressure and potentially even a bearish cascade. Miners need to sell more and more of their BTC's to regain the same dollar value when prices are falling, which will function as a self-deteriorating mechanism.
Consequentially, this will be a great time for the average investor. Buy Bitcoin at discounted prices and let the market reward which miner is the most efficient.
In case of (2), we can expect more bullish pressure. Since miners are the top sellers in the world, reducing the Bitcoin supply will likely lead to higher prices (with constant demand. Like we saw during the bear market, some miners can also halt their operations until Bitcoin prices are higher.
Since most of these companies have never experienced a halving before, it's going to be interesting to see which ones have prepared the best and which ones haven't. I'd imagine the badly prepared miners to shut down operations, leading to both bearish and bullish volatility.
Interesting times ahead.
🔥 AVAX Huge Bull-Flag Breaking OutAlthough I've been generally bearish on Bitcoin after the ETF, I have to play with the cards that the market dealer gives me.
For AVAX, that means that this token is under way of breaking out of a big bull-flag pattern that has been shaping up since halfway December.
In case the 3D candle closes above the top resistance, it could very well indicate that further strength is coming to this token. Looking for a 105$ target over the next few months.
🔥 ATOM: Waiting For A Great EntryATOM has been trading in a bearish triangle pattern for almost two years at this point. The pattern is clearly drawn between the yellow area of support and the purple diagonal resistance.
After the most recent rejection of the resistance, I'm waiting for the price to reach the yellow area again. The yellow area will most likely function as a long-term bottom area, thus being a great entry in anticipation of the next bull-run.
🔥 Bitcoin Bulls Put Up A Fight: Still Waiting For A DumpYesterday we saw the BTC bulls put up a show with over 5% gains over the course of the day. Personally, I was not expecting such a bullish day to happen anytime soon. Part of the explanation is the oversold RSI on higher time frames for the first time in months, combined with shorts getting liquidated.
For now, I'm still not convinced that the bulls have the overhand in the short-term. A clear rejection from 42,200 indicates that bears are still dominating the short-term. However, if the bulls can pull through we might see a move towards 43,500 or higher.
I stand by my earlier analyses where I discussed my idea of the ETF being a longer-term top. To invalidate that analysis I'd like to see a move above 50k in the next 1-2 months. Personally, I think we're going to see 50k after the halving.
Time will tell.
1 Accurate Predictions Made by AI for Ethereum ( ETH.X)The Ethereum market, like any other financial market, experiences ebbs and flows, making it difficult to definitively declare whether it is "over." While periods of stagnation or decline may raise concerns, Ethereum and the wider cryptocurrency market have shown resilience over time, bouncing back from downturns. Current trends in Ethereum's trading patterns, analyzed using advanced tools like artificial intelligence, suggest a complex and ever-evolving landscape. Hence, it is more prudent to view the market through a lens of continuous change rather than a binary perspective of 'over' or 'thriving'.
Prediction #1. Uptrend Detected
AI, an artificial intelligence tool, has demonstrated a remarkable ability to detect bullish patterns in cryptocurrency trading, particularly with Ethereum (ETH.X). Notable instances include the identification of a bullish Cup-and-Handle pattern in December 2023 (On December 25, 2023, AI detected a Cup-and-Handle Pattern (Bullish) for Ethereum cryptocurrency (ETH.X, $2272.562000). On December 27, 2023, AI confirmed the Bullish pattern, setting a target price of $2464.050000. 14 days later, on January 10, 2024, ETH.X reached the target price resulting in a +13.62% for traders who took a long position in the stock.).
These patterns suggest a dynamic market where upward trends are observable, offering opportunities for astute traders to capitalize on these movements.
Trading based on bullish patterns requires a strategic approach and a deep understanding of market dynamics. Bullish patterns, like the Cup-and-Handle, indicate potential upward trends, suggesting buying opportunities. Platforms like Tickeron, with their advanced AI tool, can be invaluable for traders looking to navigate these complexities and make informed decisions.
For those interested in finding current patterns in the cryptocurrency market, Tickeron is an excellent resource. With its sophisticated AI tool, Tickeron provides insights into emerging trends and patterns, helping traders to identify potential opportunities in the volatile crypto market. Whether you're a seasoned trader or new to the world of cryptocurrency, Tickeron's technical analysis and pattern recognition can guide your trading decisions, enhancing your chances of success in this dynamic field. Get started on tickeron.com.
BINANCE:ETHUSD
Market Cap
The average market capitalization across the group is 268.43B. The market cap for tickers in the group ranges from 268.43B to 268.43B. ETH.X holds the highest valuation in this group at 268.43B. The lowest valued company is ETH.X at 268.43B.
High and low price notable news
The average weekly price growth across all stocks in the group was -12%. For the same group, the average monthly price growth was -2%, and the average quarterly price growth was 19%. ETH.X experienced the highest price growth at -12%, while ETH.X experienced the biggest fall at -12%.
Volume
The average weekly volume growth across all stocks in the group was -3%. For the same stocks of the group, the average monthly volume growth was 26% and the average quarterly volume growth was 167%
Swiss Franc can rebound up from support line to resistance levelHello traders, I want share with you my opinion about Swiss Franc. By observing the chart, we can see that the price started to trades in a downward pennant, where it first rebounded from the resistance line and made a strong downward impulse to the support line, thereby breaking 0.8720 and 0.8490 levels. But after this, CHF at once rebounded from the support line of the pennant, and made a short impulse up to 0.8490 support level, which coincided with the buyer zone, and soon broke this level. After the price some time traded near this level, it bounced and started to rise to the resistance level, which coincided with the seller zone and the resistance line of the pennant. When Swiss Franc reached this area, the price at once turned around and in a short time declined to support line of pennant. But a not long time ago, the price bounced and started to rise. So, I think that the Swiss Franc can fall to the support line, making a little correction, and then rebound up to the resistance level, thereby exiting from the pennant, pattern. For this case, I set my target at the 0.8720 resistance level. Please share this idea with your friends and click Boost 🚀
4 Accurate Predictions Made by AI for Alphabet (GOOG, GOOGL)In the dynamic world of stock trading, the integration of Artificial Intelligence (AI) has revolutionized market analysis and prediction accuracy. Alphabet Inc. ( NASDAQ:GOOG GOOG, NASDAQ:GOOGL GOOGL), a leading tech giant, has been at the forefront of showcasing how AI can be utilized to predict stock market trends with remarkable precision. This article delves into four specific instances where AI successfully predicted Alphabet's stock movements, providing traders with lucrative opportunities. These cases exemplify the growing influence and reliability of AI in financial markets, offering insights into both bearish and bullish patterns that have resulted in significant gains for informed traders.
Prediction #1. Downtrend Detected
AI detected bearish Stock Pattern: Broadening Wedge Ascending NASDAQ:GOOG GOOG on October 25, 2023, netting in a 10.61% gain over 2 weeks
On October 11, 2023, AI detected a Broadening Wedge Ascending Pattern (Bearish) for Alphabet (GOOG, $141.70). 14 days later, on October 25, 2023, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On October 25, 2023, the stock hit the target price of $128.11 – resulting in a +10.61% gain for traders who shorted the stock on the pattern detection date.
Prediction #2. Downtrend Detected
AI detected bearish Stock Pattern: Wedge Rising NASDAQ:GOOGL GOOGL on September 13, 2023, netting in a 6.10% gain over 2 weeks
On September 11, 2023, AI detected a Wedge Rising Pattern (Bearish) for Alphabet (GOOGL, $136.92). 2 days later, on September 13, 2023, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On September 26, 2023, the stock hit the target price of $127.46 – resulting in a +6.10% gain for traders who shorted the stock on the pattern detection date.
Prediction #3. Uptrend Detected
AI detected bullish Stock Pattern: Head-and-Shoulders Bottom NASDAQ:GOOG GOOG on August 29, 2023, netting in a 3.89% gain over 5 days
On August 24, 2023, AI detected a Head-and-Shoulders Bottom Pattern (Bullish) for Alphabet (GOOG, $130.42). On August 29, 2023, A.I.dvisor confirmed the Bullish pattern, setting a target price of $136.93. On August 29, 2023, GOOG reached the target price resulting in a +3.89% for traders who took a long position in the stock.
Prediction #4. Uptrend Detected
AI detected bullish Stock Pattern: Head-and-Shoulders Bottom NASDAQ:GOOGL GOOGL on August 29, 2023, netting in a 3.61% gain over 4 days
On August 25, 2023, AI detected a Head-and-Shoulders Bottom Pattern (Bullish) for Alphabet ( NASDAQ:GOOGL GOOGL, $129.88). On August 29, 2023, A.I.dvisor confirmed the Bullish pattern, setting a target price of $136.24. On August 29, 2023, GOOGL reached the target price resulting in a +3.61% for traders who took a long position in the stock.
These four accurate predictions made by AI for Alphabet's stocks (GOOG, GOOGL) underscore a new era in stock market analysis. The ability of AI to detect complex patterns like the Broadening Wedge Ascending and Head-and-Shoulders Bottom, and accurately predict market movements, is a testament to its growing significance in financial forecasting. These instances not only highlight the potential financial gains for traders leveraging AI insights but also mark a transformative shift in how market analysis and trading decisions are approached. As AI continues to evolve, its role in guiding investment strategies and shaping the future of stock trading becomes increasingly pivotal.
Finding Current Patterns with AI
If you're interested in staying updated with current trading patterns, particularly for cryptocurrencies like Origin Protocol, Tickeron is a valuable resource. This platform employs advanced artificial intelligence to detect and analyze market trends, offering insights that can guide traders in making informed decisions. Visit Tickeron to explore real-time data and trends in the dynamic world of cryptocurrency trading.
Eur/Usd Hello traders!
We see that the pair has a downward trend. The line break confirms this. There is a retesting of the price 1.08550. In the long-term perspective, we see the levels 1.06850; 1.06040; 1.05220. Be careful! Don`t forget to look at the economic calendar!
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Shaky long-term trading for Tesla (Triple top + dip? )Since Oct. '21, Tesla has been trading along this channel. Some patterns emerge that we can point out:
After hitting the top of the channel three times from Oct. 21 to Apr. 22, it was followed by a dip to the bottom of the channel.
To a lesser degree, rising to about .75 the height of the channel on July 22 and hitting that region 3 times, this was also followed by a dip to the bottom of the channel.
We currently have the same pattern emerging since July '23, with the price of TSLA dipping to below $200. This cycle is interesting because it is bouncing off the midline instead of the bottom of the channel.
The next few days are going to be crucial for the stock:
Bull case: If the stock can consolidate strongly along the $180-200, we may be able to break out of the channel to the upside.
Bear case: If the stock fails to consolidate strongly along the $180-200 range, we may see a dip to $120-160.
This will strongly depend on investor sentiment in the company, which currently isn't looking strong. A lot can happen in the next few weeks to turn that around, such as further advancements of AI for Tesla's autopilot.
🔥 Bitcoin Retesting Critical Support: Dead Cat Bounce!After a relatively big sell-off, BTC is currently bouncing from very oversold levels. Yesterday marked the first time since August that the 8H timeframe hit oversold on the RSI, so a bounce was to be expected.
Bitcoin is currently on its way to retest the critical purple area of support as resistance. A rejection from here would confirm the break of 40k, with a move towards 35k in the cards.
If BTC can close the week above the purple area we have to consider the idea that this bearish move was merely a correction instead of a longer term shift in trend.
Below you find my current view on the market in more detail.